“Net revenues,” as used with reference to a parking meter, means the revenues remaining after deductions for the cost of acquiring the meter and the cost of its maintenance, operation, repair, and servicing, and the cost of collecting the revenues therefrom, without allowance for depreciation or obsolescence.
Cal. Sts. & High. Code § 35104
General
Known as the Parking District Law
The act spans §§ 35100–35708 (190 sections).
Amended by Stats. 1955, Ch. 1283.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.